Monday, September 28, 2009

For GT Blog September 29, 2009

Hello fellow bloggers and stock market participants.

As you know RIM last Thursday announced continued earnings growth but warned on the potential for future pressure on margins - At the open on Friday the stock torpedoed but the broader stock indices shrugged off the bad news and continued higher.

The shares of competitor Apple Inc. are now higher than last Thursday's close

Lets us have some fun with a skill test to see if you can spot the early warnings of a RIM torpedo by spotting the early signs of negative price divergence as set up in an Apple over RIM weekly chart

Apple is stronger than RIM as measured from A to B, C to D or D to E

RIM is weaker than Apple as measured from A to B, C to D or D to E

Which stock would you buy - right now?

To learn the correct answer attend our Technical Analysis Level 1 or 2 seminar - to register go to:

Two Smartphone Bellwethers

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